FX.co ★ Hong Kong GDP Grows at Fastest Pace Since 2023

Hong Kong's economy experienced a 3.8% growth on a year-on-year basis in the third quarter of 2025, improving from a 3.1% increase recorded in the previous quarter, as per preliminary estimates. This represents the most robust expansion since late 2023, primarily propelled by a boost in both exports and strong domestic demand. Notably, goods exports surged by 12.2%, driven by high demand for electronics and vibrant regional trade flows. Meanwhile, service exports increased by 6.1%, fueled by a recovering tourism sector and enhanced cross-border financial activities amidst rising global stock markets. Although imports also grew, they did so at a more modest rate, with goods imports rising by 11.7% and services by 2.6%. Domestically, private consumption saw a 2.1% rise, while overall investment increased by 4.3%, indicating heightened economic confidence and a stabilizing property market. Adjusted for seasonal variations on a quarterly basis, GDP saw an uptick of 0.7%.